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    6041 S State St Salt Lake City, UT 84107

    For Lease
    $20 SF/Yr ($18,373 /Mo)

    High-traffic retail/flex space available for sublease until May 2030.

    Property size:
    11,024 SF
    Lot size:
    1.68 Acres

    Property Features for 6041 S State St

    General Information

    Size
    11,024 SF
    Lot size
    1.68 Acres

    Source: Peak Collective Real Estate Agent Kody Watts

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Retail/Flex Space Available

    Located at 6041 S State St, Murray UT 84107, this versatile commercial space offers up to 11,024 square feet of retail or flex space for lease. Situated in a high-traffic area, the property provides visibility and accessibility. The space can be divided to accommodate various business needs. Surface space is also available for lease separately, suitable for businesses such as food trucks or small car dealerships. The location's flexible zoning makes it suitable for ventures seeking to capitalize on customer traffic. Previously occupied by Pep Boys, the space is available as a sublease until May 31, 2030, with potential lease renewals possible afterward. The space will be available starting October 1, 2024, following the current tenant's departure in mid-September.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tacos El Pariente ... Taco Restaurant Taqueria la catrina ... Mexican Restaurant Pep Boys Tire Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salt Lake City
    County
    Salt Lake
    State
    Utah
    Longitude
    -111.8883082
    Latitude
    40.6396877

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    FAQs

    What type of property is this?
    Retail space - High-traffic retail/flex space available for sublease until May 2030.
    Where is this retail space located?
    The property is located at 6041 S State St Salt Lake City, UT.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location with excellent visibility and accessibility.; - Flexible zoning suitable for a wide range of businesses.; - Sublease available until May 31, 2030.
    (801) 809-0914
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6041 S State St Salt Lake City, UT 84107
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